There is no doubt in anybody's mind that 2020 has been one heck of a year so far. I'll be the first to admit I don't think it is done messing with us just yet. Through everything that has been happening, lock-downs, e...
BP Family,I have stumbled upon a deal which could prove to be exceptionally lucrative, assuming my financing plan turns out to be feasible.The property: A marina on a large lake in Alabama. It has 24 boat slips which ...
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1. Can I call up the bank (like Chase, B of A, WF) ask to speak to some person who is in charge of the notes and ask to buy one? The note would be several months late and most likely in a pre-foreclosure status.
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I'm looking at purchasing a mobile home park with 30 pads - 26 of which are empty. Lot rent is $150/mo and includes water and garbage (cost of water/garbage is about $40/month). The park needs a lot of clean-up work...
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Hi all, I have a couple questions about property values vs. rent prices in and around Salt Lake City:As we all know, property values in the area have gone way up over the past 5 or so years (particularly for single fa...
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I have a chance to buy this trailer park with owner financing for 185k with a 17.3% down payment (32k) at a 6% interest rate amortized over 15 year term with a 5 year balloon payment. Right now it is at 40% occupancy(...
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I evicted a tenant and i want to collect past due rent, evicting fee plus water/sewer bill, i went online and people say you have to go to the county office and apply at the small claims, i need some input, thanks
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Hi BP Squad! Happy ThursdayAs a lender one of the biggest hiccups in the flow of funding a loan and financing the rehab is the Rehab Budget and Supporting Documents.
Growing up, I remember my Dad writing all of his...
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I'm looking for other members experiences with direct marketing to renters to generate buyer leads. I have read that over 75 percent of renters want to purchase but have perceived obstacles that make them feel home ow...
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Hi BP folks,
Working on my first commercial deal and would like your thoughts on this property/opportunity.
There's a an office building in Texas for sale. It's part of a small office park, 4-5 total buildings tota...